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London Coins-- another suspicions of shill bidding thread
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<p>[QUOTE="ambr0zie, post: 7874832, member: 80952"]The only way to "defend" against shill bidding is live bidding.</p><p>I am not using prebids anymore. Basically because I found out I waste too much time checking the coins where I prebid. Is my prebid still leading? ah good, but somebody raised it a little? etc. </p><p>Somehow a prebid also "raises the attention" so why should I do that. </p><p><br /></p><p>I also stopped using proxy bids because of biddr system (not sure if it's the same on other platforms). I lost a few coins where my proxy bid I put before the auction was identical to a live bid and the live bid won the coin. I understand this is normal - well OK, even if it doesn't seem fair. Whatever - if I wanted the coin, I should have raised the bid live....</p><p><br /></p><p>I was mainly using pre and proxy as I said I might be busy in the auction day but for me this was not applied - when I am interested in an auction I find time. </p><p><br /></p><p>Best idea is to bid live and set a limit - I want to pay 100 EUR for this coin. No more.</p><p>I have not bought from London coins but in my years of collecting, I saw shill bidding more than once.[/QUOTE]</p><p><br /></p>
[QUOTE="ambr0zie, post: 7874832, member: 80952"]The only way to "defend" against shill bidding is live bidding. I am not using prebids anymore. Basically because I found out I waste too much time checking the coins where I prebid. Is my prebid still leading? ah good, but somebody raised it a little? etc. Somehow a prebid also "raises the attention" so why should I do that. I also stopped using proxy bids because of biddr system (not sure if it's the same on other platforms). I lost a few coins where my proxy bid I put before the auction was identical to a live bid and the live bid won the coin. I understand this is normal - well OK, even if it doesn't seem fair. Whatever - if I wanted the coin, I should have raised the bid live.... I was mainly using pre and proxy as I said I might be busy in the auction day but for me this was not applied - when I am interested in an auction I find time. Best idea is to bid live and set a limit - I want to pay 100 EUR for this coin. No more. I have not bought from London coins but in my years of collecting, I saw shill bidding more than once.[/QUOTE]
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London Coins-- another suspicions of shill bidding thread
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